Major South Korean Movie ‘Crypto Man’ Set for Jan 2025 Release

Film based on real-life events and stars the late actor Song Jae-rim, who was found dead last month Last updated:

December 9, 2024 22:00 EST

Author

Tim Alper

Author

Tim Alper

About Author

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Author Profile

Share

Copied

Last updated:

December 9, 2024 22:00 EST

Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ad DisclosureWe believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships.

Crypto Man, a major South Korean crypto-themed movie based on true events, is set to hit theaters in January.

The film is likely to garner worldwide attention not only for its real-life crypto “price crash” subject matter, but also due to the fact that it will star the late actor Song Jae-rim.

Song was found dead in his Seoul home less than a month ago, with a suicide note reportedly found at the scene.

Actor Song Jaerim has died at the age of 39 in an apparent suicide. pic.twitter.com/YKwEW6E0OZ

— Pop Base (@PopBase) November 12, 2024

‘Crypto Man’ Set for Jan 2025 Release

The movie was in post-production at the time. Its Korean title translates to “Plummet.” JTBC reported that the film is slated to premiere on January 15 next year.

The filmmakers say that the movie is “based on the true story of a ground-shaking crypto crash.”

Investors lost a total of 50 trillion won ($35 billion) during the incident in question, the filmmakers added.

They added that it also covers “startup investments, stock day trading, and get-rich-quick crypto schemes.”

A promotional poster for the movie “Crypto Man” (“Plummet”), starring the late South Korean actor Song Jae-rim.Song will play the lead role of Yang Do-yun, a “self-proclaimed tech and business guru” who “develops” an “altcoin called MOMMY.”

The movie will also focus on young characters who trade stocks by day and trade crypto by night, the producers said.

The film’s producers added that the suspected crypto scam the movie was based on claimed “a large number of victims.”

They added that courts have yet to make a final ruling on the case. As such, they said, the movie “underwent rigorous legal consultation.”

South Korea’s tourism industry is scrambling to reassure visitors after President Yoon Suk Yeol’s sudden declaration of martial law last week caused confusion and travel cancellations.

— The Korea Herald 코리아헤럴드 (@TheKoreaHerald) December 9, 2024

But they also said the movie’s writers and director “drew” materials from a “thorough investigation” of the “legal cases” launched against the alleged scam.

Realistic Portrayal

The film’s director Hyun Hae-ri said she had aimed for “realism” with the film while also “incorporating darkly comedy elements.”

The popularity of crypto in South Korea has led a wide range of domestic filmmakers and movie studios to tackle related subjects in recent years.

A plethora of K-pop stars appeared in the 2021 release Twenty Hacker, a film that tells the tale of a devastating data breach on a fictional crypto exchange.

Also in 2021, a reality show focusing on crypto investors aired on a major South Korean cable channel.

Follow us on Google News

Trending News Price PredictionsRecommended Articles

• Trump Appoints PayPal Veteran David Sacks as ‘White House AI and Crypto Czar’
• Brad Garlinghouse Calls Out 60 Minutes for Excluding Key XRP Ruling in Latest Crypto Feature
• US Senate to Vote on Crypto Skeptic SEC Commissioner Caroline Crenshaw’s Renomination
• What’s Happening In Crypto Today? Daily Crypto News Digest
• XRP Price Targets $5 as Whales Load Up – Is Another Surge Coming?

Features

Ethereum Targets $6,200 as ‘Secondary Bull Run Starts,’ Analysts Predict

2024-12-08 00:05:17, by Jeffrey Gogo

Altcoin News

Altcoin Season “Tapped Out for Now,” Venture Capitalist Says

2024-12-08 11:25:48, by Ruholamin Haqshanas

Bitcoin News

Bitcoin’s Rally Could Hit Pause in 2025, Says Crypto CEO

2024-12-09 19:23:18, by Sam Cooling

Ethereum News

Ethereum Price Slumps 4% After $4,000 Breakout Failure, But History Suggests More Upside Coming

2024-12-09 17:06:29, by Joel Frank

• Bitcoin (BTC) Price Prediction

• Ethereum (ETH) Price Prediction

• Ripple (XRP) Price Prediction

• Dogecoin (DOGE) Price Prediction

• Solana (SOL) Price Prediction

• Best Crypto Wallets

• Best Crypto to Buy Now

• Best Crypto Presales to Invest In

• Best New Meme Coins to Buy